DJIA Marks 23,000 Intra-day as The Trump Rally Extends
$DIA, $SPY, $QQQ, $VXX
The Dow Jones Industrial Average (DJIA) broke above the 23,000 mark intra-day for the 1st time Tuesday, driven by strong earnings from UnitedHealth (NYSE:UHC) and Johnson & Johnson (NYSE:JNJ), finishing the session just below that milestone mark.
The index, which surpassed similar 1,000-point marks 3X this year, has been steadily moving higher and is up 2.6% MTD, putting it on track for a 7th monthly advance running.
Shares of the largest US health insurer UnitedHealth touched a life intra-day high and closed up 5.5% after the company reported a stronger-than-expected profit and raised its full-year earnings forecast.
The DJIA rose 40.48 points, or 0.18%, to end at 22,997.44 after rising as high as 23,002.20.
The S&P 500 gained 1.72 points, or 0.07%, to 2,559.36. and the NAS Comp dropped 0.35 point, or 0.01%, to 6,623.66.
Tuesday, the US major stock market indexes finished at: DJIA +40.48 at 22997.44, NAS Comp -0.35 at 6623.65, S&P 500 +1.72 at 2559.36
Volume: Trade on the NYSE came in light again at: 692-M/shares exchanged
- NAS Comp +23.0% YTD
- DJIA +16.4% YTD
- S&P 500 +14.3% YTD
- Russell 2000 +10.3% YTD
|HeffX-LTN Analysis for DIA:||Overall||Short||Intermediate||Long|
|Very Bullish (0.53)||Very Bullish (0.52)||Very Bullish (0.69)||Bullish (0.38)|
|HeffX-LTN Analysis for SPY:||Overall||Short||Intermediate||Long|
|Very Bullish (0.52)||Very Bullish (0.54)||Very Bullish (0.60)||Bullish (0.42)|
|HeffX-LTN Analysis for QQQ:||Overall||Short||Intermediate||Long|
|Bullish (0.38)||Bullish (0.41)||Bullish (0.31)||Bullish (0.40)|
|HeffX-LTN Analysis for VXX:||Overall||Short||Intermediate||Long|
|Bearish (-0.36)||Bearish (-0.34)||Bearish (-0.35)||Bearish (-0.39)|